Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,205$14,460 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Wise County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Wise County, TX
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $912 | $10,944 | $36,480 | $17.54/hr |
| 1-Bedroom Apartment | $918 | $11,016 | $36,720 | $17.65/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,205 | $14,460 | $48,200 | $23.17/hr |
| 3-Bedroom Home | $1,676 | $20,112 | $67,040 | $32.23/hr |
| 4-Bedroom Home | $2,021 | $24,252 | $80,840 | $38.87/hr |
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Frequently Asked Questions About Rent in Wise County, TX
What is the Fair Market Rent for a 2-bedroom in Wise County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Wise County, TX is $1,205 per month ($14,460 per year).
What hourly wage is needed to afford rent in Wise County, TX?
To comfortably afford a 2-bedroom apartment at $1,205/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.17 per hour ($48,200/year).
What are the HUD Fair Market Rents by bedroom count in Wise County, TX?
Official 2026 HUD rents in Wise County, TX are: Studio: $912/mo, 1-Bedroom: $918/mo, 2-Bedroom: $1,205/mo, 3-Bedroom: $1,676/mo, and 4-Bedroom: $2,021/mo.
How do HUD Fair Market Rents compare to local incomes in Wise County, TX?
At the local Census ACS median household income of $93,421/year ($7,785/month), the benchmark 2-bedroom Fair Market Rent represents 15.5% of monthly income.
How is the 30% housing affordability standard calculated in Wise County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,205/month, the required minimum annual gross income is calculated as ($1,205 × 12) ÷ 0.30 = $48,200 per year.